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Adequate Remedy at Law |
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Sufficient compensation by way of monetary damages. Courts will not grant equitable remedies, such as Specific Performance or injunctions, where monetary damages can afford complete legal relief. An equitable remedy interferes much more with the defendant's freedom of action than an order directing the defendant to pay for the harm he or she has caused, and it is much more difficult for a court to supervise and enforce judgments giving some relief other than money. Courts, therefore, will compensate an injured party whenever possible with monetary damages; this remedy has been called the remedy at law since the days when courts of Equity and courts at law were different. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| ? Mentioned in | ? References in periodicals archive | ||
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| In circumstances where there is no adequate remedy at law, a defrauded party can seek the equitable remedies of rescission, specific performance, or reformation. Addressing the issue of whether the estate would suffer irreparable injury if it were not granted relief, the court disagreed with the IRS's assertion that an adequate remedy at law existed in the present case in the form of a refund suit. |
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